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(a) Where any property on the approved assessment roll or for which in-lieu payments have been established is subsequently subdivided or resubdivided, then the amount of principal and interest due on such property at the time of such subdivision or resubdivision shall be prorated between or among the subdivided or resubdivided lots in proportion to the benefited area contained in each such subdivided or resubdivided lot by the subdivider and approved by the administration.

(b) In the event that any portions of the property subject to assessment is dedicated for public street or other public purpose, then the entire unpaid amount of principal and interest assessed against the original property will be prorated between or among the lots resulting from the subdivision or resubdivision in proportion to the benefited area contained in each such lot.

(Ord. 791)

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